4405 Prospect Street, Indianapolis, IN 46203
- $189,900
- 4
- BD
- 1
- BA
- 960
- SqFt
- List Price
- $189,900
- Price Change
- ▼ $6,000 1778711807
- MLS#
- 22099054
- Property Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft. of Residence
- 960
- Year Built
- 1949
- Days on Market
- 93
- Status
- ACTIVE
Property Description
Investment Opportunity with Strong Cash Flow, this is it! Immediate income with this fully renovated 4-bedroom, 1-bath investment property. With lease in place through IHA at $2,310/month which aligns with key investor benchmarks. Move-in date of May 8, 2026. The home has been completely gutted down to the studs and thoughtfully remodeled from top to bottom, offering peace of mind and low maintenance for years to come. Major upgrades include, new metal roof, all-new mechanicals, updated electrical with a 200-amp panel, and a mini-split system with supplemental heat making this property incredibly cost-effective. Inside, the property features luxury vinyl plank flooring throughout, a beautifully updated kitchen with granite countertops, new cabinetry, stainless steel appliances, and modern finishes, plus recessed lighting and contemporary touches that elevate the entire space. The functional layout offers four bedrooms, providing flexibility and strong rental appeal. Additional improvements such as new windows, exterior siding, and a tankless water heater offer enhanced efficiency and long-term value. Whether you're expanding your portfolio or securing your first investment, this is a true turnkey opportunity with built-in returns from day one.
Additional Information
- Foundation
- Crawl Space
- Stories
- One
- Architecture
- Ranch
- Interior
- Ceiling Vaulted, Eat-in Kitchen
- Acres
- 0.26
- Heat
- Zoned, Electric, Wall Furnace
- Cooling
- Dual, Wall Unit(s)
- Financing
- Conventional, FHA, VA
- Appliances
- Microwave, Electric Oven, Refrigerator
- Region
- Center
- Eating Areas
- Dining Combo/Family Room
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Listing courtesy of Trueblood Real Estate.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative